Calculations With Respect to Accrued Interest. Accrued interest, if any, on any LIBOR Note shall be calculated based upon a 360-day year and the actual number of days in each Accrual Period.
Appears in 4 contracts
Samples: Transfer and Servicing Agreement (SunTrust Mortgage Securitization, LLC), Transfer and Servicing Agreement (New York Mortgage Trust 2005-3), Transfer and Servicing Agreement (Fieldstone Mortgage Investment CORP)
Calculations With Respect to Accrued Interest. Accrued interest, if any, on any LIBOR Note Security shall be calculated based upon a 360-day year and the actual number of days in each Accrual Period.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (FBR Securitization, Inc.), Transfer and Servicing Agreement (FBR Securitization, Inc.)
